High Probability Setup on the $SPY for 2-15-2019
When i think about high probability setup this is what i think. According to Elliott wave theory we are in wave5 of a 5 wave move up . Within the 5th wave there are 5 internal waves. What we just witnessed as of Friday 2.3-0 am was a running flat correction that completed or as conventional analysts call it testing the lows. Once that happens what ensues is a trend move of 5 waves to the upside.